The draft profit for the year of a sole trader was $108000$ before the following items were considered. 1. The provision for doubtful debts carried forward was $1850$. The provision that should be carried forward is $2250$. 2. Depreciation of non-current assets had been undercharged by $2000$. 3. An accrual of $600$ for repairs had been recorded as a prepayment. What was the correct profit for the year?
- A$104400$
- B$105200$
- C$109000$
- D$111600$